2121 Grand Ave Bronx, NY 10453
University Heights NeighborhoodEstimated payment $7,168/month
Total Views
1,256
12
Beds
4
Baths
3,900
Sq Ft
$321
Price per Sq Ft
Highlights
- Main Floor Bedroom
- Heating Available
- 5-minute walk to Burnside Avenue
About This Home
2121 Grand Ave, Bronx, NY 10453 – Renovated 3-Family with Development Upside
Exceptional investment opportunity in the University Heights section of the Bronx. This fully renovated 3-family property features a 5-bedroom apartment, a 4- bedroom apartment and one 3-bedroom apartment, each approximately 1,300 sq ft, with potential gross rental income of up to $11,000/month. All units can be delivered vacant or occupied—ideal for end users or investors.
The property sits on a 30’ x 100’ lot zoned R7-1, offering generous development potential. The current building utilizes just a portion of the lot’s max FAR of 3.44, allowing for up to 10,320 buildable square feet. Unused air rights and BSF (buildable square footage) offer the potential to redevelop or expand the site into 15–22 residential units, subject to DOB and zoning approvals.
Whether you’re looking for strong cash flow now or planning a future development play, this is a rare opportunity in a growing submarket.
Key Highlights:
Three full-floor apartments
Fully renovated interiors with updated kitchens
Income potential: $11,000/month
Delivered vacant or rented
Lot: 30’ x 100’ | Zoning: R7-1 | Max FAR: 3.44
Buildable SF: Up to 10,320 BSF (unused air rights remain)
Potential to build 15–22 units
Listing Agent
Kole Group LLC Brokerage Phone: 917-485-5519 License #10491210887 Listed on: 07/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,886
Year Built
- Built in 1920
Lot Details
- 3,000 Sq Ft Lot
Parking
- 4 Parking Spaces
Home Design
- Triplex
- Frame Construction
Bedrooms and Bathrooms
- 12 Bedrooms
- Main Floor Bedroom
- 4 Full Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 03206-0059
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,886 | $19,561 | $3,546 | $16,015 |
| 2024 | $3,886 | $19,348 | $4,178 | $15,170 |
| 2023 | $3,710 | $18,270 | $4,050 | $14,220 |
| 2022 | $3,447 | $46,440 | $11,040 | $35,400 |
| 2021 | $3,431 | $41,040 | $11,040 | $30,000 |
| 2020 | $3,450 | $41,700 | $11,040 | $30,660 |
| 2019 | $3,373 | $33,600 | $11,040 | $22,560 |
| 2018 | $3,104 | $15,225 | $4,967 | $10,258 |
| 2017 | $2,933 | $14,389 | $5,470 | $8,919 |
| 2016 | $2,716 | $13,584 | $6,096 | $7,488 |
| 2015 | $1,637 | $13,584 | $4,312 | $9,272 |
| 2014 | $1,637 | $13,436 | $4,693 | $8,743 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/16/2025 07/16/25 | For Sale | $1,250,000 | +45.3% | $321 / Sq Ft |
| 06/25/2025 06/25/25 | Sold | $860,000 | -9.4% | $241 / Sq Ft |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- |
| 01/10/2025 01/10/25 | For Sale | $949,000 | -- | $266 / Sq Ft |
Source: OneKey® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $860,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | $315,000 | -- | |
| Deed | $315,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $688,000 | Purchase Money Mortgage | |
| Previous Owner | $382,500 | Purchase Money Mortgage | |
| Previous Owner | $51,000 | No Value Available | |
| Previous Owner | $252,000 | Purchase Money Mortgage | |
| Previous Owner | $31,500 | No Value Available |
Source: Public Records
Similar Homes in Bronx, NY
Source: OneKey® MLS
MLS Number: 889988
APN: 03206-0059
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The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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